02/17
Headlines

Finance

Trader’s Recap: Itau Unibanco Holding (NYSE:ITUB), Trio-Tech International (NYSEMKT:TRT), The Phoenix Companies Inc. (NYSE:PNX), Sirius XM (NASDAQ:SIRI), NextEra Energy Partners (NYSE:NEP)

Chris Lewis03 mins

Brazil’s Itau Unibanco Holding SA (ADR) (NYSE:ITUB) will walk away from its deal to merge with Chile’s CorpBanca if it is forced to carry out a tender offer, but does not see that as a likely outcome, a senior Itau executive told a local paper. The $3.7 billion deal, Latin America’s largest banking merger since…

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Trending Tickers: Actavis plc (NYSE:ACT), AK Steel Holding Corporation (NYSE:AKS), Versar Inc. (NYSEMKT:VSR), Signal Genetics, Inc. (NASDAQ:SGNL), Allied Nevada Gold Corp. (NYSEMKT:ANV)

Colin Pettis03 mins

Actavis PLC (NYSE:ACT) agreed to pay about $66 billion for Allergan Inc., the maker of the antiwrinkle treatment Botox, in the year’s biggest pharmaceutical deal. The cash-and-stock purchase, in which Actavis will pay $219 a share, also puts an end to Valeant Pharmaceuticals International Inc.’s months-long hostile takeover fight for Allergan, a move backed by…

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Trending Stocks: QUALCOMM, Inc. (NASDAQ:QCOM), Huntington Bancshares Incorporated (NASDAQ:HBAN), Liberty Property Trust (NYSE:LPT), Escalade Inc. (NASDAQ:ESCA), Spherix Incorporated (NASDAQ:SPEX)

Jason Knox03 mins

Qualcomm Technologies, Inc. (QTI), a wholly owned subsidiary of Qualcomm Incorporated (NASDAQ:QCOM), and Ericsson (ERIC), successfully completed the world’s first announced inter-company interoperability testing of LTE Category 9 connectivity with download speeds of up to 450 Mbps. Testing was conducted using QTI’s next generation LTE Advanced modem and Ericsson LTE-A network infrastructure. The Category 9…

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Stock Look Back: Microsoft (NASDAQ MSFT) After Steve Balmer

Richard Atkins03 mins

Longtime Microsoft (NASDAQ MSFT) Chief Steve Ballmer, in August 2013, issued the now-infamous statement that he would retire “within the year.” News of Ballmer’s departure couldn’t come soon enough for disgruntled shareholders, as evidenced by Microsoft’s share price spike of about 7% immediately following the announcement. But that was then, and this is now. With…

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